NYSE: LUMN

Lumen Technologies (LUMN) Stock Analysis & Forecast

Sep 28 close

$5.53−0.18 (−3.2%)

Gekko Brief

AI summary

Lumen Technologies moves this week centers on its board-approved decision to transfer its common stock listing, along with Qwest Corporation's 6.500% Notes due 2051, from the New York Stock Exchange to Nasdaq, with the NYSE delisting anticipated after market close on 5 October 2026 and Nasdaq listing effective 6 October 2026 under the existing LUMN symbol. The company has cited alignment with its technology-focused business as it expands networking services for AI customers.

LUMN closes at $5.53, down 3.2%, sitting below both its 50-day average of $6.37 and 200-day average of $7.61, with the 50-day below the 200-day. The stock's 52-week range spans $5.50 to $11.95, and returns show a 9.9% decline over one month and 30.5% over three months. The GekkoIndex reads 69.5, placing LUMN in the Accumulation zone, up 11.4 over five periods. Price sits 19.7% below Gekko Fair Value of $6.89.

Earnings are scheduled for 29 October 2026 after close, 30 days out and beyond a typical 20-trading-day hold. The last report on 4 August 2026 showed an EPS of -$0.07 against a -$0.15 estimate, with a -5.7% reaction, and Lumen has beaten estimates in 6 of the last 8 quarters. No insider, Congress, or unusual options activity appears in the respective 90-day and 30-day windows. Seasonality from this point shows a 5% average return over 20 trading days across 5 years, with gains in 1 of those years. Analyst consensus across 7 firms includes 6 hold ratings and 1 sell, with a consensus target of $7.64.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Lumen Technologies price vs fair value

$6.89$5.53Sep ’25Mar ’26Sep ’26
Close $5.53200-day averageGekko Fair Value $6.89

Lumen Technologies quick facts

Market cap
$5.70B
P/E ratio
—
Forward P/E
98
EPS, TTM
−$0.98
Revenue, TTM
$11.83B
Profit margin
-8.6%
Dividend yield
—
Beta
1.80
Volume
12.91M avg 13.53M
1-year return
−7.1%
Typical daily move
±6.1%
Typical 20-day move
±11.5%
50-day average
$6.37
200-day average
$7.61
Next earnings
Oct 29 after close
Shares outstanding
1.03B
52-week range
$5.50$11.95

Lumen Technologies swing-trade checklist

Lumen Technologies scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $5.53 is below the 50-day ($6.37) and 200-day ($7.61) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    69.5, Accumulation

    Reading 69.5 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    19.7% below

    Price is 19.7% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 30 days

    Next report Oct 29, 2026, 30 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +5.0% on average

    From this point in the calendar, the next 20 trading days averaged +5% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Lumen Technologies stock chart and price history

Lumen Technologies closed at $5.53 on Sep 28, 2026, −7.1% over the past year, inside a 52-week range of $5.50 to $11.95.

Close50-day average200-day averageVolume
Lumen Technologies share price, past year, with 50-day and 200-day moving averages and volume$8$10$12NovDecJan 2026FebMarAprMayJunJulAugSep5.53

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−9.9%
3 months
−30.5%
6 months
−17.1%
1 year
−7.1%
The full LUMN chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open LUMN in Gekko

Follow Lumen Technologies through every session

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About Lumen Technologies

Lumen Technologies builds and operates communications infrastructure, supplying technology and connectivity services to businesses and households across the United States and abroad. It markets these offerings under the Lumen, Quantum Fiber, and CenturyLink names, and it is recognized for combining network infrastructure with a wide range of digital services rather than offering a single product line. Its catalog spans cloud computing, IT management, unified communications, data center and colocation space, content delivery, and managed security, alongside internet protocol services such as VPNs, Ethernet, general IP connectivity, and VoIP. It also supplies fiber-based offerings, including high-capacity optical wavelength networks and unlit fiber leasing, plus older voice and data technologies like private lines, TDM systems, and SONET-based Ethernet.

The company organizes its operations into two segments, Business and Mass Markets, addressing commercial clients and residential subscribers respectively. As of the end of 2021, it counted roughly 4.5 million broadband subscribers among its customer base.

Lumen Technologies traces its incorporation to 1968 and operated for years under the name CenturyLink, Inc. before adopting its current name in September 2020. It is headquartered in Monroe, Louisiana, and its shares are listed on the NYSE under the ticker LUMN.

Listed
NYSE
Sector
Communications
Industry
Major telecommunications
Website
lumen.com

Lumen Technologies GekkoIndex: the smart money zone

Lumen Technologies’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 69.5, in the Accumulation zone, up 11.4 points over five sessions.

010069.5Accumulation

Up 11.4 points over five sessions, from the Neutral zone.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying54Not available
Accumulation (current zone)236+0.4%+1.0%+7.8%+30.7%
Neutral334+0.9%+2.5%+6.9%+23.0%
Distribution40+8.0%+25.2%+42.7%+49.8%
Selling8Too few readings yet

Average LUMN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the LUMN price, zone by zone.Track LUMN in Gekko

Is Lumen Technologies stock overvalued? Gekko Fair Value

Lumen Technologies trades 19.7% below Gekko Fair Value of $6.89, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Lumen Technologies shares are worth, recalculated every trading day.

$6.89

Gekko Fair Value, Sep 26, 2026

19.7% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open LUMN in Gekko

Lumen Technologies insider and Congress trading

No open-market insider purchases were filed for Lumen Technologies, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for LUMN in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every LUMN insider filing, plotted on the chart in Gekko.Open LUMN in Gekko

Congress trades last 90 days

No trades in LUMN were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for LUMN, plotted on the chart in Gekko.Open LUMN in Gekko

Buybacks

Lumen Technologies has been buying back its own shares.

Bought back, quarter ended Dec 31, 2022
$200.0M
As a share of market cap
3.51%

From company filings.

Lumen Technologies earnings: next date and track record

Lumen Technologies reports on Oct 29, 2026, after the close (30 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±11.2%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+20.6%Nov ’24+2.1%Feb ’25+6.8%May ’25−16.8%Jul ’25−6.5%Oct ’25−25.8%Feb ’26+5.1%May ’26−5.7%Aug ’26

Last earnings call, Aug 4, 2026 AI summary

What they said
Lumen reported Q2 2026 results in line with expectations, highlighting progress in enterprise networking transformation. Key strategic move was closing the Alkira acquisition, now branded Lumen Connect, enabling simplified multi-cloud and AI connectivity. Gartner named Lumen the company to beat in enterprise networking. Customer wins include Koch Industries compressing network setup from 8 months to one day, and Michaels connecting 1,400+ retail locations to Google Cloud rapidly.
Guidance
Management expressed confidence that Alkira will accelerate strategic revenue growth. Nearly 4,000 employees trained on Alkira platform with scalable sales motions established. No specific revenue or earnings targets were provided in this excerpt.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 4, 2026−$0.07
est −$0.15
+53.3%$2.81B
est $2.74B
+2.4%−5.7%
May 5, 2026−$0.47
est −$0.18
−166.4%$2.90B
est $2.83B
+2.4%+5.1%
Feb 3, 2026$0.23
est −$0.21
+209.5%$3.04B
est $3.04B
0.0%−25.8%
Oct 30, 2025−$0.20
est −$0.26
+23.1%$3.09B
est $3.04B
+1.5%−6.5%
Jul 31, 2025−$0.03
est −$0.24
+87.5%$3.09B
est $3.04B
+1.5%−16.8%
May 1, 2025−$0.13
est −$0.29
+55.2%$3.18B
est $3.11B
+2.2%+6.8%
Feb 4, 2025$0.09
est −$0.05
+280.0%$3.33B
est $3.20B
+4.0%+2.1%
Nov 5, 2024−$0.13
est −$0.08
−62.5%$3.22B
est $3.22B
+0.1%+20.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Lumen Technologies stock forecast and analyst price targets

Analysts’ average 12-month price target for Lumen Technologies is $7.64, +38.2% from the last close, from 7 firms rating the stock in the last 90 days.

$7.64consensus 12-month target, +38.2% from the last close
Low $7High $9
Buy0
Hold6
Sell1

Each firm’s latest rating in the last 90 days: 7 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Aug 11CitiHold, maintained$8.25+49.2%
Aug 10RBC CapitalHold, maintained$9+62.7%
Aug 5Goldman SachsHold, maintained$7.25+31.1%
Aug 5J.P. MorganHold, maintained$7+26.6%
Aug 5Bank of America SecuritiesSell, reiterated$7+26.6%
+7.8%average 20-day move after past Accumulation readings
+5.0%average move over the next 20 trading days in the last 5 years
±6.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Lumen Technologies seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Lumen Technologies averaged +5.0% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

−10.3%2021−5.6%2022−6.3%2023−9.7%2024+58.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.7%1 of 5
Next 10 trading days−4.6%1 of 5
Next 15 trading days−0.2%1 of 5
Next 20 trading days+5.0%1 of 5
Next 30 trading days+17.3%3 of 5

For scale, LUMN’s typical 20-trading-day move in either direction is about 11.5%.

Lumen Technologies market cap and key statistics

Lumen Technologies’s market cap is $5.70B and revenue of $11.83B over the last twelve months.

Valuation

Market cap
$5.70B
Forward P/E
98
EPS, TTM
−$0.98
Gekko Fair Value
$6.89

Trading

Volume
12.91M
Avg volume, 20 days
13.53M
52-week high
$11.95
52-week low
$5.50
Shares outstanding
1.03B

Financials

Revenue, TTM
$11.83B
Profit margin
-8.6%
Return on equity
-78.9%
Quarterly earnings growth, YoY
−88.9%

Risk and income

Beta
1.80
Typical daily move
±6.1%
Typical 20-day move
±11.5%

Lumen Technologies stock news this week

Coverage of Lumen Technologies this week reads neutral: 3 positive, 10 neutral and 1 negative headlines.

News sentiment neutral

Lumen Technologies peers

Lumen Technologies’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
BCEBCE−1.9%Buying40.5% below
LBTYKLiberty Global−1.4%Buying41.0% below
LBTYALiberty Global0.0%Buying21.9% below
LILAKLiberty Latin America−1.1%Neutral33.5% below
LILALiberty Latin America+0.7%Neutral39.3% below
IDTIDT+3.3%Neutral10.8% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Lumen Technologies stock FAQ

What is Lumen Technologies’s market cap?

Lumen Technologies’s market cap is $5.70B at the Sep 28, 2026 close of $5.53, with 1.03B shares outstanding.

What is the Lumen Technologies stock forecast?

The consensus analyst 12-month price target for Lumen Technologies is $7.64, +38.2% from the last close. Of the 7 firms that rated the stock in the last 90 days, 0 rate it a buy, 6 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Lumen Technologies stock overvalued or undervalued?

On Gekko’s estimate Lumen Technologies is undervalued: the Sep 28, 2026 close of $5.53 is 19.7% below Gekko Fair Value of $6.89. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Lumen Technologies report earnings next?

Lumen Technologies is expected to report on Oct 29, 2026, after the market closes (30 days away). Analysts expect earnings of −$0.22 per share on revenue of $2.73B. Lumen Technologies beat the earnings estimate in 6 of its last 8 reports, moving 11.2% on average across the report.

What is Lumen Technologies’s 52-week high and low?

Lumen Technologies’s 52-week high is $11.95 and its 52-week low is $5.50; it closed at $5.53 on Sep 28, 2026, −7.1% over the past year. Over the last five years the shares peaked at $14.50 on Nov 5, 2021.

Is Lumen Technologies stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 1 as mixed (seasonality) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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